Macroeconomic Forecast Panama

BMI View: Panama's real GDP growth came in at an impressive 4.9% y-o-y in Q110, a rise from 3.4% in Q409. Much of this growth can be attributed to the large 10.1% increase of the transport and communications sector, which represents 22.9% of the economy. We believe that Panama is on track to achieve our 4.1% real GDP growth forecast for 2010, particularly as the high Q110 figure supports out buoyant outlook for the Central American economy.

To read the full article, please choose one of the following options: